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Will big data solve the innovation gap?

Jeffrey Phillips

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. Lately, with the advent of "big data", machine learning and other factors associated with data and more intelligent processes, the argument has been made that these capabilities will solve the innovation gap.

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Infoxication: Why Big Data is the solution

mjvinnovation

Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. Find out how your business can take advantage of this phenomenon and how to deal with Big Data in a profitable way and more! As you saw, the problem is a given.

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Real Management Applications of Big Data

InnovationManagement

Big Data has had a big impact on the competitive landscape. Wise management of time is very critical in staying ahead of the competition. Here is an analysis of some of the real management applications of Big Data:

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Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

This is because the volume of daily data produced in these virtual environments is a real gold mine for companies prepared to prospect for it. Keep reading to understand how you can benefit from the combination of Social Networks + Big Data. Social Networks: the gold mine of data. And Big Data is the tool for the job. ?

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Big Data: get to know your customer to generate more business

mjvinnovation

In this context, Big Data provides important data about customer behavior. Big Data refers to data that grows unstructured and exponentially in the world and is driven by three factors: volume, variety and data rate. Big Data: Data analysis is what really matters.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. In this post, I present how the incumbent OEMs can address this challenge. To do so, automakers must: Think strategically and own the big data strategy.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. In this post, I present how the incumbent OEMs can address this challenge. To do so, automakers must: Think strategically and own the big data strategy.